REGISTERED NUMBER: 05936580 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

TOWN & COUNTIES CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

AJ Hodgson

SECRETARY:

Mrs F Hodgson

REGISTERED OFFICE:

13-14 Gelliwastad Road

Pontypridd

RCT

CF37 2BW

REGISTERED NUMBER:

05936580 (England and Wales)

ACCOUNTANTS:

Sullivans Chartered Accountants

13-14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

FIXED ASSETS

Property, plant and equipment

4

32,272

41,772

CURRENT ASSETS

Inventories

12,480

9,860

Debtors

5

109,402

132,048

Cash at bank and in hand

35,294

10,169

157,176

152,077

CREDITORS

Amounts falling due within one year

6

140,481

132,652

NET CURRENT ASSETS

16,695

19,425

TOTAL ASSETS LESS CURRENT LIABILITIES

48,967

61,197

CREDITORS

Amounts falling due after more than one year

7

(12,175

)

(24,261

)

PROVISIONS FOR LIABILITIES

(7,772

)

(7,937

)

NET ASSETS

29,020

28,999

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

29,018

28,997

SHAREHOLDERS' FUNDS

29,020

28,999

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 March 2026 and were signed by:

AJ Hodgson - Director

1.	STATUTORY INFORMATION

Town & Counties Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

50% on cost and 33% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 November 2024

75,966

Additions

1,780

Disposals

(6,722

)

At 31 October 2025

71,024

DEPRECIATION

At 1 November 2024

34,194

Charge for year

11,280

Eliminated on disposal

(6,722

)

At 31 October 2025

38,752

NET BOOK VALUE

At 31 October 2025

32,272

At 31 October 2024

41,772

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

43,008

DEPRECIATION

At 1 November 2024

4,480

Charge for year

9,632

At 31 October 2025

14,112

NET BOOK VALUE

At 31 October 2025

28,896

At 31 October 2024

38,528

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

-

9,135

Amounts recoverable on contract

107,266

113,320

Other debtors

2,136

9,593

109,402

132,048

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans and overdrafts

8,333

10,000

Hire purchase contracts

7,305

7,305

Trade creditors

5,479

10,093

Taxation and social security

18,406

45,086

Other creditors

100,958

60,168

140,481

132,652

Included within 'Other creditors' is amounts payable on demand by the company to the director totalling £93,090 2024 £53,735). This amount is repayable on demand and no interest has been accrued.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans

-

8,333

Hire purchase contracts

12,175

15,928

12,175

24,261

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/10/25

31/10/24

£

£

Hire Purchase

19,480

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

2

Ordinary

£1

2

2